REDW Wealth LLC Has $1.03 Million Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

REDW Wealth LLC lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,248 shares of the company’s stock after selling 96 shares during the period. REDW Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 110,970.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock worth $42,725,157,000 after purchasing an additional 394,480,089 shares during the period. Sumitomo Life Insurance Co. lifted its position in Vanguard High Dividend Yield ETF by 81.5% in the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock worth $1,966,803,000 after purchasing an additional 8,298,820 shares during the period. Morgan Stanley lifted its position in Vanguard High Dividend Yield ETF by 10.1% in the fourth quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock worth $1,047,927,000 after purchasing an additional 884,541 shares during the period. LPL Financial LLC lifted its position in Vanguard High Dividend Yield ETF by 6.1% in the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after purchasing an additional 298,137 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in Vanguard High Dividend Yield ETF by 2.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock worth $453,131,000 after purchasing an additional 115,272 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

VYM stock traded up $0.09 during midday trading on Monday, hitting $119.35. The stock had a trading volume of 809,210 shares, compared to its average volume of 1,149,873. The firm has a market capitalization of $54.83 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.29. The stock has a 50-day simple moving average of $116.22 and a 200 day simple moving average of $109.93.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.